Bullboard - Stock Discussion Forum Bank of Nova Scotia BNS

Primary Symbol: T.BNS

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to... see more

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TSX:BNS - Post Discussion

Bank of Nova Scotia > Analysts downgrading BNS from ''hold'' to ''sell''

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Post by Maglite on Nov 02, 2023 9:57am

Analysts downgrading BNS from ''hold'' to ''sell''

I hardly comprehend why these supposedly insightful ''analysts'' would grant a ''sell'' rating at these levels? Why not recommend it when the stock is overvalued? Hard to imagine these folks are unbiased when providing those recommendations to the general public... At 95$ these guys had ''buy'' ratings.

Bank of Nova Scotia (NYSE:BNS) Downgraded by StockNews.com to “Sell” | Daily Political

Bank of Nova Scotia (NYSE:BNS – Get Free Report) (TSE:BNS) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

Several other brokerages have also issued reports on BNS. Barclays raised their price target on shares of Bank of Nova Scotia from $63.00 to $65.00 and gave the stock an “underweight” rating in a research note on Monday, August 21st. Scotiabank cut their price objective on shares of Bank of Nova Scotia from $68.00 to $66.00 and set a “hold” rating for the company in a report on Wednesday, August 30th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $69.33.

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Comment by FiddyFiddyShot on Nov 02, 2023 10:23am

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Comment by corvette67 on Nov 02, 2023 11:24am

I don't pay any attention to analysts but sold all my stocks to day including this one. I am getting the impression this war is about to spread which will cause some major problems in the middle east.I am happy to get 5% short term. We will see. GLTA

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Comment by beelzeebuub1 on Nov 02, 2023 1:31pm

I'll take the 7.5 % dividend yield and take my chances here instead of 5% on a GIC.. Mutual Funds with a year end of Oct 31 have finished their tax loss selling for the year and it looks like Powell pause has ignited the markets.. bad timing of your sale at 3 year lows but its your money !

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